Daily Market Report
➢ Gold dips to $3,221, rebounds slightly from 2-week low.
➢ US-China trade optimism boosts risk sentiment, pressures gold.
➢ USD hits 2-week high, adds to gold weakness.
➢ Fed rate cuts expected after weak US GDP (-0.3%) and soft inflation (core PCE 2.6%).
➢ ADP jobs miss (62K vs. 108K expected), adds to recession concerns.
….Click below View button for more info…